SS7 Market

The global SS7 market is expected to grow at a steady rate during the forecast period, 2019–2025. Migration to intelligent networks has increased the overall reliability of the network. Increasing use of SS7 over asynchronous transfer mode (ATM) are some of the factors driving the growth of the market. However, roaming complexity and lack of network security are some of the factors that can hamper the growth of the market.

Globally, the SS7 market has been categorized into five regions—North America, Europe, Asia-Pacific, Middle East and Africa, and South America.

North America is expected to dominate the market with its largest share in the global SS7. This is due to the region being the most technologically advanced. The migration to the advanced intelligent network (AIN) and intelligent networks (IN) began very early in this region. SS7 is being used to manage intelligent routing, screening services, and number portability (NP) for a long time in this region. Due to this, the market in this region is already mature and expected to witness a slow growth rate. For the purpose of our analysis, the North American market has been divided into the US, Canada, and Mexico.

Europe holds the second-largest share in the global market. Growth in Europe is due to the developments in the telecom and robust networking infrastructure, which have created a high potential for the growth of the SS7 market during the forecast period.

The Middle East & Africa region is expected to register highest CAGR owing to its tremendous growth prospects as the demand for the legacy SS7 circuit-switched infrastructure is high in the region.

The major vendors in the global SS7 market are Mitel Networks Corporation (Canada), Oracle Corporation (US), Tieto (Finland), Ribbon Communications (US), NetNumber Inc (Netherlands), Ericsson AB (Sweden), Huawei Technologies Co., Ltd (China), Dialogic Corporation (US), TNS Inc (US), and PCCW Global (Hong Kong).

These vendors have adopted several organic and inorganic growth strategies such as new product development, partnerships and collaborations, and mergers and acquisitions, to increase their offerings in the global market.